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Sarah Mitchell
Compass Real Estate · ZIP 11021
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11021 ZIP Code Housing Market
$875,000median sale price
What is the 11021 housing market like right now?
The median home sale price in ZIP code 11021 is $875,000, up 70.6% year-over-year. Homes sell in an average of 52 days with 61 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 11021 ZIP code a buyer's or seller's market?
ZIP code 11021 is currently a buyer's market and homes selling in about 52 days. How we determine this →
What are the latest 11021 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $875,000 |
| Median list price | $754,000 |
| Year-over-year price change | +70.6% |
| Average days on market | 52 days |
| Active inventory | 61 listings |
| Sale-to-list price ratio | 95.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
The 11021 zip code, located in Great Neck Plaza, NY, is currently classified as a buyer's market. The median sale price stands at $875,000, representing a +70.6% change year over year. Homes in this area spend an average of 52 days on the market before going under contract. There are currently 61 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 11021 sits in the Great Neck Plaza, NY area, roughly 0.3 miles from downtown Great Neck Plaza. Because home prices are set street by street, this ZIP can move differently from Great Neck Plaza's citywide averages. The figures below reflect 11021 specifically — drawn from Redfin transactions, U.S. Census data for its 19,783 residents, and Zillow value estimates.
Homes sold
56
Last 12 weeks
Days on market
52
Average pace
Active listings
61
Sale-to-list
95.9%
Below asking
What is driving the 11021 housing market?
The 11021 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 95.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 11021 have increased +70.6% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 11021 stands at $1.11M, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $4,333 per month. This gives a price-to-rent ratio of approximately 21.4, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 11021?
Population
19,783
Median income
$120,230/yr
Median age
46.1 years
Owner-occupied
70.5%
College grads
65.9%
Avg commute
33.03 min
What is it like living in 11021?
Zip code 11021 is home to approximately 19,783 residents. The median household income is $120,230 per year, which shapes the types of homes and amenities available in the area. With a median age of 46.1 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 70.5% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 65.9% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 33.03 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 11021.
Frequently asked questions about 11021
What is the median home price in 11021?
The current median sale price in 11021 is $875,000, based on recent Redfin transaction data. Prices have changed +70.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 11021 a buyer's or seller's market?
The 11021 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 11021?
Zip code 11021 has a population of approximately 19,783 residents. The median household income is $120,230 per year. About 70.5% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 11021?
Properties Incorporated provides comprehensive data for 11021 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 11021 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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